State spending targets laid out for fiscal 2023

The government is planning a fiscal 2023 budget worth 3.185 trillion baht, with a deficit of 695 billion baht for the fiscal year, which starts next October.According to Chalermphol Pensoot, director of the Budget Bureau, the budget was approved at yesterday’s meeting between Prime Minister ...

Bangkok Post Reporter

Govt budget for next year slashed B14bn

The 2021 government budget has been cut by about 14 billion baht. However, more has been allocated to education, public health, interior and justice agencies.Deputy Finance Minister Santi Promphat, the chairman of an ad-hoc committee reviewing the draft of the 2021 budget appropriation bill, said ...

Aekarach Sattaburuth

Public debt not scary yet, PDMO says

Thailand’s increased public debt, attributed to borrowing to sustain economic conditions during the pandemic, remains below the average rate seen in emerging markets, says the Public Debt Management Office.PDMO director-general Patricia Mongkhonvanit said the IMF reported that global public debt has risen by 20% on ...

Wichit Chantanusornsiri

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